Property score
44.1
Below average
Overall 44.1 · Older than most nearby homes
1,058 sqft (top 44%) · Built in 1909 (21 yrs older than avg)
Located in a below-average income area with median household income of ~44.8k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 2 shops nearby
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Below average
21 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 13%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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44.1 is composed by the two sections below.
Property Score
Community Score
Inkster-Faraday
How to read: Share of sales in each ~$50k price band for “inkster-faraday” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110919
$45K
Median household income
$66K
Average household income
27%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
48%
Single-person households
17%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
413 Mckenzie Street — 15 amenities found within 500 m, across 8 categories, including 1 dining (nearest 464 m), 2 education (nearest 222 m), 2 healthcare (nearest 407 m).
Inkster-Faraday · WPS public data · 2026
Annual incidents
61
2026
vs. city avg
+107%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
80%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 18% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 413 Mckenzie Street, Winnipeg
Key Characteristics & Appeal
This is a modest, century-old home (built 1909) in the Inkster-Faraday neighbourhood, presenting a straightforward opportunity in Winnipeg’s market. Its key characteristic is its positioning as one of the most affordable entry points into homeownership in the city. With 1,058 sqft of living space, the house is functionally sized, ranking around average for its immediate area. The basement exists but is noted as not renovated, and the property has no garage or pool.
The primary appeal lies in its exceptionally low financial barrier. The assessed value is among the lowest in Winnipeg, placing it in the bottom 2% city-wide. This is reflected in its recent sale history, with a transaction in the low-to-mid teens. For a certain buyer, this represents a rare chance to secure a detached house with a land title for a price often associated with a down payment elsewhere. It suits pragmatic, hands-on buyers such as first-time investors looking for a cash-flow focused rental, a contractor seeking a live-in renovation project, or someone prioritizing minimal mortgage debt over modern finishes. Its average lot size for the street offers typical city-lot potential. The appeal is fundamentally utilitarian: value is derived from what can be done with the property, not from its current condition.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value is based on market value for taxation. A value this low typically reflects the home’s age, its unrenovated state, and market conditions in its specific area. It indicates this is a baseline property in Winnipeg’s market.
2. What does "basement, not renovated" imply?
It confirms the basement exists but is in original or utilitarian condition. Buyers should budget for potential moisture issues, outdated systems, and finishing costs if living space is desired. An inspection is crucial.
3. Who would this property not suit?
It would not suit buyers seeking a move-in ready home, those unwilling to handle ongoing maintenance of a 117-year-old structure, or anyone who prioritizes modern amenities and curb appeal.
4. The sold price history shows a range. What’s the exact price?
The exact sale price is not publicly listed in the database. You can request it directly via the email button provided on the listing page; the service aims to provide the figure manually by the end of the same day.
5. How does its age affect insurance and renovation plans?
Insuring a home built in 1909 may come with higher premiums or specific requirements (e.g., updated electrical). Any significant renovations will likely need to bring elements up to current building codes, which can increase project scope and cost compared to a newer home.
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